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Consolidated Balance Sheets (USD $)
In Thousands
Jul. 31, 2011
Jul. 31, 2010
Assets    
Cash and cash equivalents $ 273,494 $ 232,000
Accounts receivable, less allowance of $6,908 and $6,315 445,700 358,917
Inventories, net 271,476 203,631
Deferred income taxes 29,805 22,054
Prepaids and other current assets 46,107 43,613
Total current assets 1,066,582 860,215
Property, plant and equipment, net 391,502 365,892
Goodwill 171,741 165,315
Intangible assets, net 53,496 58,292
Other assets 42,772 49,792
Total assets 1,726,093 1,499,506
Liabilities and shareholders' equity    
Short-term borrowings 13,129 50,000
Current maturities of long-term debt 47,871 5,536
Trade accounts payable 215,918 165,907
Accrued employee compensation and related taxes 86,974 73,632
Accrued liabilities 64,008 40,546
Other current liabilities 68,344 53,635
Total current liabilities 496,244 389,256
Long-term debt 205,748 256,192
Deferred income taxes 11,196 7,076
Other long-term liabilities 78,194 100,349
Total liabilities 791,382 752,873
Commitments and contingencies (Note N)    
Shareholders' equity    
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued    
Common stock, $5.00 par value, 120,000,000 shares authorized, 88,643,194 shares issued in 2011 and 2010 443,216 443,216
Retained earnings 925,542 744,247
Stock compensation plans 24,736 22,326
Accumulated other comprehensive income (loss) 40,027 (40,486)
Treasury stock, 13,245,864 and 12,222,381 shares in 2011 and 2010, at cost (498,810) (422,670)
Total shareholders' equity 934,711 746,633
Total liabilities and shareholders' equity $ 1,726,093 $ 1,499,506